EGYPT
Egypt Downgraded Again Despite IMF Talks
Ratings agency Moody’s Investors Service downgraded Egypt’s government bond rating by one notch to Caa1 on 21 March and put the country on further negative outlook.
Moody’s says the “primary driver” for its downgrade decision “is the deep polarization of the country’s democratically elected government and those in opposition as a result of the ongoing unsettled...
Please log in to read the rest of this story.
You may purchase access to entire
MEES digital archives by subscribing.
This subscription gives you access to all the content of MEES digital archives up to 1978!